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Kiskunság National Park Celebrates 50th Anniversary

D&T
Jan 11, 2025

The Kiskunság National Park, situated between the Danube and Tisza rivers, was established on January 1, 1975 as Hungary's second national park, the Ministry of Agriculture told MTI on Saturday. The park has become a symbol of the protection of natural values, the development of ecotourism and environmental education over the past half century, preserving […]

Duna House Group Closing 2024 in ‘Flight Mode’

D&T
Jan 9, 2025

The real estate group Duna House had a strong finish in 2024: key volumes exploded to all-time highs in the last quarter sustaining significant y-o-y growth (financial intermediation volume increased by 17% and network commission revenue by 24%), while growing also on quarterly basis (+14% and +16%, respectively), the Group has announced on the website […]

Over a Billion Bottles Already Returned in Hungary

D&T
Jan 9, 2025

More than a billion plastic bottles, cans and glass bottles have been returned in Hungary in the past six months, with the number of daily returns exceeding 10 million on several days between Christmas and New Year, beating the previous record of 8 million in August, MOHU, the company responsible for the recycling of such […]

MNB Retail Campaign Focuses on Financial Health

D&T
Jan 8, 2025

The National Bank of Hungary (MNB) is focusing its retail campaign on financial health to help households create a more stable financial situation for themselves, the bank told MTI on Wednesday. Financial health does not depend solely on the financial situation, planning, developing money management habits and exploiting savings opportunities can all help, the ministry […]

Strong Start to the Year in the Hungarian Housing Market

D&T
Jan 7, 2025

Between December 27 and January 5, the number of inquiries for residential properties for sale increased by 8% year-on-year, and by 28% compared to two years ago, which foreshadows a strong year in the housing market, according to ingatlan.com's own advertising data, reported MTI on Tuesday. The statement quoted László Balogh, chief economic expert of […]

Olympic Champion Passes Away at the Age of 103 Years

D&T
Jan 2, 2025

Five-time Olympic champion gymnast Ágnes Keleti, the Sportswoman of the Nation, Hungary's female athlete with the most Olympic medals, the world's oldest living five-time Olympic gold medalist and the oldest ever five-time Olympic gold medalist, passed away at the age of 103 years on Thursday morning. Ágnes Keleti – who would have celebrated her 104th […]

Housing Market Could Take Off in 2025

D&T
Jan 2, 2025

The year 2024 brought a recovery in the market for residential property for sale, partly due to lower lending rates and the additional subsidy for housing loans; according to last year's data and the current outlook, the housing market can expect to continue from momentum in 2025, according to ingatlan.com's own advertising data, MTI reported […]

Former Suzuki Motors Chairman and CEO Passes Away

D&T
Dec 28, 2024

Suzuki Motors' former chairman and CEO, Suzuki Osamu has died at the age of ninety-four, the Japanese automaker announced on Friday. The former Suzuki leader died on Wednesday of lymphoma, the company said in a statement. He joined Suzuki in 1958, a company founded by his wife's grandfather, and rose through the ranks to become […]

Year 2024 in the City Center Real Estate Market

D&T
Dec 13, 2024

The beginning of 2024 saw a slight recovery in the Budapest city center real estate market, which was, in fact, fueled by the traditional boom at the end of 2023. According to Ben-Ezra Orran, an expert at Central Home, demand has gradually increased compared to previous years, especially for newer two-room apartments. Prices on the […]

Minister of Economy Praises Hungarian Tourism

D&T
Dec 10, 2024

Tourism in Hungary is booming, and ‘Ferihegy’ [as Budapest’s Ferenc Liszt International Airport is commonly known] is Europe's fastest growing airport, Minister of National Economy Márton Nagy said at the Michelin Guide awards ceremony in Budapest on Tuesday evening, where he also thanked Hungarian gastronomy for its achievements. This year has been a record year […]

Real Estate Sales Could Total 120,000 in Hungary in 2024

D&T
Dec 9, 2024

The domestic real estate market has performed in line with preliminary expectations this year, with the number of sales expected to close around the middle of the 110-130,000 annual range, and a further 10-20% growth can be expected next year, real estate broker Duna House has said, based on its own data. The statement quoted […]

European Gen Z's Love for Experiential Gifts

D&T
Dec 5, 2024

He’s not going to say no to the latest AirPods. She’s not going to turn down that designer weekender bag. But a new Mastercard survey exploring the preferences of Europe’s Gen Z reveals those gifts may be merely the means to an end: the experience itself, Mastercard explains in a press statement. For many younger […]

Budapest Airport Launches Employer Brand Campaign

D&T
Dec 4, 2024

Budapest Airport (the operator of the Hungarian capital’s Ferenc Liszt International Airport), powered by VINCI Airports, believes that “there is talent in everyone, but it really shines when it finds its place. However, to find the job where one can really soar, we must first get to know ourselves better.” The company’s new employer brand […]

Szekszárd Enriched with Nearly 400 Young Trees

D&T
Nov 27, 2024

Within the framework of the ProviGreen program, a sustainability initiative of Provident Financial Ltd., together with the Municipality of Szekszárd, the employees of the financial service provider plant nearly 400 saplings along two cycle path sections in Tartsay Vilmos Street and Keselyűsi Road in the south-central Hungarian town.  "Our city's network of cycle paths is […]

Orlen Customers Have Saved Nearly HUF Half a Billion

D&T
Nov 27, 2024

More than 175,000 users have saved nearly HUF half a billion forints at ORLEN petrol stations in Hungary this year as the region's largest oil company gives a HUF 10 discount on every liter of fuel to drivers using its mobile application. A company statement points out that since the launch in of December 21, […]

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